All articles by Verdict Staff

Verdict Staff

First Commonwealth Bank to deploy Jack Henry’s SilverLake System

Pennsylvania-based First Commonwealth Bank (FCB) is set to deploy a new core processing platform, SilverLake System, developed by Jack Henry Banking division.

Main Street Bank to open new retail bank branch in Troy, Michigan

US lender Main Street Bank has decided to set up its second retail banking branch in Troy, Michigan.

Westpac to roll out new mobile banking service in Papua New Guinea

Australian lender Westpac is set to introduce a new mobile banking service in Papua New Guinea in February 2014, to expand its financial services offering for the unbanked population in the country and the Pacific Islands.

Co-operative Group reveals revised rescue plan for banking arm

UK-based Co-operative Group has revealed a new revised rescue plan for its banking unit, as part of its strategy to plug a £1.5bn ($2.4bn) capital shortfall.

US banks ease lending standards for businesses: Federal Reserve survey

Banks in the US are easing lending policies and relaxing mortgage loan standards for commercial and industrial firms, following less demand for home loans among consumers, according to a survey by Federal Reserve.

Raiffeisen and SOFORT AG confirm strategic cooperation

The Austrian Raiffeisen Banking Group (RBG) is now cooperating with SOFORT AG, the provider of the innovative payment system SOFORT Banking.

Lloyds Bank introduces cashback on current account spending

Lloyds Bank is offering 15% cashback to its current account holders on purchases made using their debit cards at select retailers under a new scheme, Everyday Offers.

NASCOGA selects Geezeo solutions to enhance online banking

Texas-based NASCOGA Federal Credit Union has selected the solutions developed by Geezeo, a Connecticut-based FinTech firm, to enhance its online banking offering.

New lifetime mortgage outsourcing service debuts in UK

A new lifetime mortgage outsourcing service, Onyx Servicing, has launched in the UK to meet the growing demand for equity release mortgages.

Two Degrees Mobile, GE Capital begin mobile wallet trial

Two Degrees Mobile, a New Zealand-based mobile phone provider, and GE Capital have begun trial of their new mobile wallet, which allows users to make payments by credit card through their mobile devices.